AUGUST 14TH: The Lakers have officially signed Harris, the team announced today.

JULY 26TH: The Lakers and power forward Elias Harris have agreed to a two-year deal, tweets Adrian Wojnarowski of Yahoo! Sports. Agent Brad Ames tells Wojnarowski that the agreement includes a "significant" guarantee for this coming season.

The 24-year-old Harris was a member of the Lakers summer league squad this month in Las Vegas, and he averaged 10.2 points and 5.6 rebounds in 26.9 minutes per contest. He went undrafted last month out of Gonzaga, where he shared the front line with 13th overall pick Kelly Olynyk, now with the Celtics.

Harris' contract will have to be for the minimum, though it's not clear just how "significant" his guarantee is. The word "substantial" was used to describe the guarantee for Robert Covington's deal with the Rockets earlier this summer, and it appears $150K of Covington's $490,180 salary this year is guaranteed.